The U.S. Securities and Exchange Commission has dropped its probe of Facebook Inc., and will not bring an enforcement action over issues around the company’s $16 billion initial public offering, the social media giant said on Thursday in a regulatory filing.
A New York federal judge on Friday signed off on a settlement to end Aeropostale Inc.'s lawsuit claiming H&M Hennes & Mauritz AB stole the trademark-protected phrase "Live Love Dream" from its retail rival.
Lloyds Banking Group PLC said Friday that it is close to reaching a settlement with regulators to end an investigation into its alleged role in manipulating a benchmark rate that measures how much banks charge one another to borrow money.
Citigroup Inc. unit LavaFlow Inc., a leading alternative trading platform, agreed Friday to pay $5 million to settle U.S. Securities and Exchange Commission charges of failing to protect confidential trading data, marking the latest action regulators have taken against off-exchange trading venues.
Rupert Murdoch's 21st Century Fox Inc. said Friday it would unload its stakes in German and Italian pay-TV assets to British Sky Broadcasting Group PLC in a deal worth $9.3 billion, a move that will likely help Fox in its high-profile hunt for Time Warner Inc.
BNP Paribas SA and two affiliates have agreed to pay $80 million to settle the federal government’s False Claims Act suit over a scheme to fraudulently obtain government financing for international shipments under a U.S. Department of Agriculture credit program, according a Texas federal court order filed Thursday.